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JPMorgan CEO Jamie Dimon Warns of Recession — Says ‘Huge Mistake’ to Think US Economy Will Boom for Years

September 13, 2023 0

Jamie Dimon, chairman and CEO of JPMorgan Chase, has warned that it is “a huge mistake” to think that the U.S. economy will boom “for years” given that there are so many risks out there. The executive stressed: “I just think people make a mistake to look at real-time numbers and not look at the

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Lightspark CEO David Marcus Profiles Bitcoin as Global Payment Network

September 12, 2023 0

David Marcus, CEO of Lightspark and co-creator of Diem, Meta’s failed cryptocurrency project, explained his intentions of turning Bitcoin into a global payments network. Marcus explained that there was no universal protocol for sending value over the internet and that we were still in the “fax era” of global payments. Lightspark CEO David Marcus Wants […]

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21co Unwraps New Suite of Wrapped Cryptocurrencies 

September 12, 2023 0

21.co, the parent company of crypto exchange-traded products provider 21shares, has introduced a suite of wrapped tokens pegged to top crypto assets across multiple blockchains. The wrapped tokens are designed to increase liquidity and interoperability between different crypto networks. 21co Launches Wrapped Tokens for Cross-Blockchain Liquidity and Security A wrapped

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Canaan Unveils Cutting-Edge Avalon 14 Series Bitcoin Miners

September 12, 2023 0

At the “Avalon Bitcoin & Crypto Day” conference in Singapore, the bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan showcased its new Avalon-made 14 series mining rigs. One of the mining machines, the A1466I, boasts an energy efficiency of fewer than 20 joules per terahash (J/T), approximately 19.5 J/T, and has a production capacity of

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Suspected $28 Million Coinex Hot Wallet Hack Emerges

September 12, 2023 0

Numerous reports have surfaced, pointing to a potential security breach in Coinex’s hot wallets, suggesting a hacker’s involvement. Peckshield, a blockchain security and data analytics firm, observed a concerning pattern – an unusual outflow of substantial assets originating from addresses affiliated with Coinex. These reports claim that a sum of nearly $28 million

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Biggest Movers: BCH 6% Higher, as Price Nears $200 Level

September 12, 2023 0

Bitcoin cash was one of Tuesday’s biggest movers, as bullish sentiment returned to markets, following recent declines. After huge losses on Monday, bulls have seemingly moved to buy the dip in price, pushing the global market cap 1.55% higher as of writing. Solana also surged in today’s session. Bitcoin Cash (BCH) Bitcoin cash (BCH) rose […]

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IMF Publications’ Report Highlights Growing Risks of Generative AI in Financial Sector

September 12, 2023 0

As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report Warns of Risks From Generative AI in Finance The report, authored by […]

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Vitalik Buterin Confirms His X Account Was Hacked by SIM Swap

September 12, 2023 0

Ethereum founder Vitalik Buterin took to social media to share details about the hacking of his profile on X, formerly Twitter. The influential crypto figure confirmed suspicions that the account was targeted in a SIM swap attack allowing perpetrators to promote a crypto scam enticing victims with free digital collectibles. ‘Yes, It Was a Sim […]

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Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 3-Month Low, as Bulls ‘Buy the Dip’  

September 12, 2023 0

Bitcoin dropped below the $25,000 mark late on Monday, as bearish sentiment intensified to start the week. The cryptocurrency has since rebounded, and as of writing is hovering marginally above the $26,000 level. Ethereum also declined, hitting its lowest level since March. Bitcoin Bitcoin fell to a three-month low towards the end of Monday’s session, […]

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Wirex and Polygon CDK Join Forces to Revolutionize Digital Payments With W-Pay

September 12, 2023 0

PRESS RELEASE. Wirex, a major player in crypto payments with over 6 million users, has chosen to partner with Polygon CDK (Chain Development Kit) to create a new App Chain focused on payments, named W-Pay. This move marks a significant development in the world of cryptocurrency payments. By utilizing Polygon CDK, an advanced blockchain technology […]